Projects at Work

PPM


Who’s Keeping Score?

- by Keith Kerr and Ariel Lotz

All organizations face significant challenges in planning for and managing their IT portfolios. These challenges can be addressed, in part, by the use of systematic processes for selecting and evaluating IT investments. Based on a framework created for federal agencies, here are some key components to consider including in your project portfolio-scoring model.

Benefits For All

- by Pat Durbin and Terry Doerscher

Does your organization have a clear, consistent process for evaluating new ideas and assessing expected benefits before moving forward with projects? Most important, is the process a true team effort? In this excerpt, the authors present best practices and 8 key questions for validating benefits based on resources, risks and consensus.

Break Out of the PPM Silo

- by Dave Blumhorst

When project portfolio management is conducted in a data/process “vacuum,” it often does more harm than good. Breaking down departmental walls and building an integrated, holistic approach to PPM will help to eliminate bottlenecks and improve decision-making. Here are steps to make it happen.

A Value Proposition

- by Tom Mochal

Many potential projects that are considered for funding will ultimately not be approved despite significant time and effort spent on their business cases. Starting with a Value Proposition document can help weed out the less promising projects before a more detailed business case is necessary.

Do You Trust the Data?

- by Derek Stevens

Successful portfolio management rests on complete confidence in the investment analysis and the underlying data it is based on. If business executives, portfolio managers and project teams don’t believe in the data, they won’t use the portfolio management system. Here are some data-gathering best practices to build that confidence.

CxO Corner

- by Projects@Work

John Baldwin, new CEO of on-demand PPM solutions provider Daptiv, shares his plans for the company, and where he thinks the industry is headed.

Common Good

- by Tom Mochal

Are all your resources working toward the same overall goals and strategies? Do people and departments know what is important to the organization? Do they have incentives to get there? Here are three criteria for prioritizing and approving work in a portfolio.

Process-Driven Products

- by Neil Stolovitsky

From R&D to post-sales customer service, every group in an organization is critical to a new product’s success. PPM systems can unite all the elements that drive new product development — and squeeze more profits out of these projects.

The PMO Role in PPM

- by Derek Stevens

Integrated, top-down governance is fundamental to successful portfolio management, and a strong PMO can play an indispensable role in monitoring and facilitating investment selection and execution.

Secret Formula

There is no secret formula to project success, but the infamous flop of The Coca-Cola Company’s 1985 introduction of the “new Coke” offers a timeless case study in misunderstanding the end-user. It’s a lesson that project managers, product development teams and portfolio directors should all keep in mind as they balance expectations, risks and strategic goals. [4:40]

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Geoff S: "Excellent article, well articulated and accurate on all counts. Unfortunately…" on The Cost of Indecision
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Kristina K: "As the author of " Becoming a Sustainable Organization", I thank you for your th…" on Built in, not bolted on
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Judith G: "I appreciate the different perspective on the subject of change management." on Change Starts With You
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March 18, 2017

 

TOP CONTRIBUTORS

Bart Gerardi

Director, Software Development, Audible.com
Bart has been in ecommerce for over 20 years, and can’t imagine a …

Beth Spriggs

Vice President, Technology, Leadership for Educational Equity
Author of The Project Manager’s Little Book of Cheats. Available o…

Vicki Wrona

President, Forward Momentum, LLC
Vicki Wrona is the founder and President of Forward Momentum, a PMI Regi…

Andy Jordan

President, Roffensian Consulting Inc.
Andy Jordan is a well known author and speaker on project management and…

Kathleen O'Connor

I’m a freelance journalist and digital content strategist with 15+…

Aaron Smith

Editorial Director, ProjectsAtWork.com
Aaron has served as the editor of ProjectsAtWork since 2001, leading its…

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